The employee does not pay federal or state income tax on the contributions by the employee or WVU to the plan. All WVSU benefits-eligible service is included in this total. 2022 Pension Payment Schedule Month Direct Deposit Date* Check Mailing Date** (Electronic Funds Transfer) January Monday, January 31 Thursday, January 27 . Teachers Retirement System has no liability or Check with the Office of Human Resources for further details concerning military leaves of absence (with and without pay) and associated benefits. FTE Enrollment 2nd Mo 22. Insurance is complicated enough, therefore, this website is here to help you navigate the transition from active employee to retiree with or without PEIA coverage., *Retiree Premium Payment and Enrollment Information *Retiree FAQs* Reduced benefits before age 55 with at least 30 but less than 35 years of service. 0000023848 00000 n 0000001113 00000 n Medicare-eligible employees who retire after the beginning of a plan year, and retired employees who become eligible for Medicare during the Plan year will be moved to the Special Medicare Plan. You may not elect or increase life insurance after this period. Surviving dependents are treated as they are a retiree with 25 years of service and are eligible for lower premiums as determined by years of service. If an employee becomes disabled and is approved for Social Security Disability Income (SSDI), is not covered by the West Virginia State Teachers Retirement System (i.e., retirement is with TIAA-CREF or Great West) and has at least 10 years of service, the employee is eligible to retire as disabled. To House Pensions & Retirement Committee. 01. Share your form with others. (a) The county superintendent, subject to approval of the county board, may employ and assign substitute teachers to any of the following duties: (1) Fill the temporary absence of any teacher or an unexpired school term made vacant by resignation, death, suspension or dismissal; (2) Fill a teaching position of a regular teacher on leave of absence; and. obligation, either legal or equitable, to pay (B) Teacher or substitute teacher includes speech pathologists, school nurses and school counselors. )Yzp 3d fKTlNraX^]q U4ea-3?Bs%`\lDK6B-6)6MVw;_rWg_3y/Zs3c~gs7M9_[\3b_ovS(^_Ck|en)7/Ze_ .aI-rwV;|m1)xHrEuc(NqMYWzE[o?^L!XYi]sZ8#Q>^Wj.R:? IJKv)s*\rS8.'>x]q}{j:z$WW'ZcdTa#s+rv,1^v4H`{L%3MbX`y9P{x!7x"`!SjMK{ $;7N-gg>NCQ>6N6]?'b-(amttI%e#`N`IR:G/Z1QM`rQP9n*2*,ig+&tZy)>;V) The purpose of this bill is to increase certain fees collected by county sheriffs and add these increased amounts to the Deputy Sheriff Retirement Fund to provide modest increases in benefits for retired deputies. Medicare-eligible employees who retire after the beginning of a plan year, and retired employees who become eligible for Medicare during the Plan year will be moved to the Special Medicare Plan. 0000053937 00000 n The State of West Virginia offers an outstanding defined benefit pension plan the Public Employees Retirement System (PERS) under the Consolidated Public Retirement Board. 0000048263 00000 n 4101 MacCorkle Avenue S.E Charleston, West Virginia 25304 Telephone (304) 558-3570 or (800) 654-4406 (Nationwide) Fax (304) 957-7522 Email: CPRB@wv.gov This bill was recommended for introduction during the 2023 regular session of the Legislature by the Municipal Pensions Oversight Board. In addition, employees are offered the voluntary opportunity to participate in the West Virginia Retirement Plus Program, a supplemental retirement plan designed to provide an extra savings alternative for all State, county, city and other political subdivision employees. For a change in address, benefits, or status, please contact the payroll department: W-4 Form, Employees Withholding Allowance Certificate, WV Dept. (b) Notwithstanding any other provision of this code to the contrary, a substitute teacher who has been assigned as a classroom teacher in the same classroom continuously for more than one half of a grading period and whose assignment remains in effect two weeks prior to the end of the grading period, shall remain in the assignment until the grading period has ended, unless the principal of the school certifies that the regularly employed teacher has communicated with and assisted the substitute with the preparation of lesson plans and monitoring student progress or has been approved to return to work by his or her physician. Note less than 12 month faculty hired after July 1, 2009 are not eligible for the retiree medical premium credits. If you have questions regarding your particular circumstances, please callBenefits Office at 304-766-3184 or the Social Security Administration at 800-772-1213, or online atwww.ssa.govorwww.medicare.gov. The years of service for PEIA retiree medical insurance generally include the years that an employee has worked in a benefits-eligible status for the state of West Virginia. 11/27/2023. The purpose of this bill is to allow a credit toward judicial retirement for public defender service. Years of Service for PEIA Retiree Medical insurance. In accordance with the West Virginia Parental Leave Act (PLA) and Family Medical Leave Act (FMLA), an employee hired for permanent employment, who has worked for at least twelve consecutive weeks performing services for remuneration, is entitled to a total of at least twelve calendar weeks of unpaid family leave following the exhaustion of all his/her annual and sick leave during any twelve month period. The purpose of this bill is to open an enrollment period of 11 months in which certain members of the Public Employees Retirement System may purchase previously forfeited service credit. The purpose of this bill is to allow a surviving spouse one additional tax exemption of $20,000 beginning after December 31, 2023, for two taxable years after the death of the spouse. You must have Medicare parts A and B. 0000056423 00000 n Click herefor more information on the West Virginia Retirement Plus Program. Type text, add images, blackout confidential details, add comments, highlights and more. calculated, or any other amount; and. Once all of your paperwork is turned in, it will be 2-3 months before your retirement check will arrive. Home. Employment of substitute teachers; and employment of retired teachers as substitutes in areas of critical need and shortage. Alternative Education 23. Click herefor more information on the West Virginia Retirement Plus Program. This retirement program is similar to a 401(k) plan in structure except that it is designed to supplement a participant's primary retirement plan. Request the rollover/withdrawal forms from your retirement vendor, 3. The full premium for the months from the date of retirement to the date of the first retirement check will be withdrawn. Finally, in West Virginia, as with most states, teacher . Local Share Adjustments 23 Revised for March. West Virginia State University is required to confirm termination of your employment before the vendor can process your request to rollover or withdraw your funds. (4) Any person who retires and begins work as a critical needs substitute teacher within the same fiscal year in which that person retired shall lose those retirement benefits attributed to the annuity reserve, effective from the first day of employment as a retiree critical needs substitute teacher in that fiscal year and ending with the month following the date the retiree ceases to perform service as a critical needs substitute teacher. Direct Deposit Schedule. Separate employment from West Virginia State University, 2. This calculator merely provides an ESTIMATE of An employee is eligible to receive paid leave for the time required to determine surgical fitness and compatibility as a potential donor, as verified by a physician or medical practitioner, even if subsequently found to be surgically unfit or incompatible, or if the organ donation does not occur. The WV State Teachers Retirement System (TRS) provides income estimates upon receipt of a completed estimate request form. WVDE employees who are members of the National Guard or any reserve component of the United States Armed Forces may be granted paid military leave, without loss of status or benefits, for a period not to exceed 30 working days in any one calendar year. Fax (304) 957-7522 (9) Until this subsection is expired pursuant to subdivision (10) of this subsection, the state board shall report to the Joint Committee on Government and Finance, prior to February 1 of each year, information indicating the effectiveness of the provisions of this subsection on reducing the critical need and shortage of substitute teachers including, but not limited to, the number of retired teachers, by critical need and shortage area position filled and by county, employed beyond the post-retirement employment limit established by the Consolidated Public Retirement Board, the date that each person gave notice to the county board of the persons intent to retire, and the effective date of the persons retirement. (c) (1) The Legislature hereby finds and declares that due to a shortage of qualified substitute teachers, a compelling state interest exists in expanding the use of retired teachers to provide service as substitute teachers in areas of critical need and shortage. The annual salary limit is adjusted periodicallyby the IRS and does have exceptions. Less than 12 month faculty years of service for employees hired prior to July 1, 2009, PEIA retiree medical premiums are waived. Some commonly used payroll forms and links are provided on this page. This ESTIMATE calculation, future salary, and years Go to the following link on the WVDE site for a list of county . Congratulations from PEIA on your retirement! For the purposes of this section, teacher and substitute teacher, in the singular or plural, mean professional educator as defined in section one, article one of this chapter. Below are links to several calculators and calendars to assist you: Annual Increment Pro-Rata Calculator. The purpose of this bill is to provide a one-time cost-of-living supplement to retirement benefits of under $60,000 a year. All final retirement benefits shall be determined by a TRS Specific information regarding retirement benefits is available on the West Virginia Consolidated Public Retirement Board's site. When using this calculator you will need to provide . Testing Opportunity for Homeschool Students. News. (6) A retired teacher is eligible to be employed as a critical needs substitute teacher to fill a vacant position without any loss of retirement benefits attributed to the annuity reserve only if the retired teachers retirement became effective before the first day of July preceding at least the fiscal year during which he or she is employed as a critical needs substitute teacher. Building 17 The rates are included in thePEIA Shopper's Guideand just like active employee rates, are subject to change upon approval of the PEIA Finance Board and West Virginia Retiree Health Benefits Trust. 02. [Detail] [Text] [Discuss] 2023-01-11. Headcount Enroll 2nd Mo 22. hb``a``ag [qY8Peu";SoU,l6o Using Accrued Sick and Annual Leave to Extend Coverage upon Retirement* You should seek guidance from licensed professionals before making important financial decisions.. Finance Division, 2101 Washington Street East . Retiree Basic Life and Health Enrollment Form* Annual leave is earned according to an employees total length of verified state employment, the county board of education employment and employment in other educational positions, including educational experience outside of West Virginia. 0000001228 00000 n A common question asked by employees is what you are supposed to do when you turn 65 and become eligible for Medicare while working at WVSU. Copyright 2013 West Virginia State Consolidated Public Retirement Board . The PEIA Retiree Medical Premiums If any dependent is Medicare eligible, PEIA will need a copy of their Medicare Card also. Employment of substitute teachers; and employment of retired teachers as substitutes in areas of critical need and shortage. Full benefits at any age with 35 years of service. Pre-K School Calendar; Personnel; Addendums; Attendance; . Z?b|1F^k'."jv CUX5@Y&S=U>K9~_ ZZu9a:J =#[+u'fU4l=({B_c?\oQvoJIbm)h{4:Ddv x=Vy7n`pBGrCCO8Bs4!kZ}{*SXP&HZKsFCrl-1\3ry~5:B7dpLrjAGZ*]g?g_36,Ep~\oKFpD_)[N}e4hW,([xhs&xBP9*VeIICP )^"`2d4/Li-]{PMT:xD#RD~c. Direct deposits to your bank account will be on this date or later due to bank processing. Employees are granted paid time off in observance of the following official holidays. The limit is monitored internally and any employee with concerns should contact the benefit office if their salary exceeds the limit. For more information contact the Social Security Administration at 1-800-772-1213 or online at www.ssa.gov orwww.medicare.gov. Employees hired on or after July 1, 1988 but before July 1, 2001 are eligible to use sick leave to pay for 50% of the PEIA retiree medical premium. The purpose of this bill is to define "medical examination" for disability retirement purposes in retirement plans administered by the Consolidated Public Retirement Board (PERS, DSRS, MPFRS, State Police Plan B, EMSRS, TRS, and NRPORS). All WVSU benefits-eligible service is included in this total. An employees contributions to the 401(a) plan, therefore, do not reduce an employees future Social Security benefits. The TRS Retirement Benefit Calculator can be used to estimate your monthly retirement benefit for selected dates based on service and salary information you enter. All employee contributions to the 401(a) plan are immediately 100% vested. Coverage will be effective upon approval of PEIAs life insurance carrier. Consolidated Public Retirement Board West Virginia State Auditor's Office 4101 MacCorkle Avenue SE Building 1, Suite W-100 Charleston, WV 25304 Charleston, WV 25305 www.wvretirement.com www.wvsao.gov 2023 DIRECT DEPOSIT CALENDAR FOR RETIREES JANUARY FEBRUARY MARCH SM TWT F S S M T W T FS S M TW T F S . TRS will then mail the employee a form which is to be completed and returned to TRS. Employees hired on or after July 1, 2001 are not eligible to use sick leave to pay PEIA retiree medical premiums. If you receive 2101 Washington Street East Building 17 Charleston, WV 25305. The State of West Virginia offers an outstanding defined benefit pension plan the Public Employees Retirement System (PERS) under the Consolidated Public Retirement Board. 0000000016 00000 n Examples of the servicesprovidedinclude: health insurance benefits, retirement, and PEIA. The purpose of this bill is to exclude income from West Virginia retirement systems and social security from inclusion in adjusted gross income or resident individuals. Once PEIA receives, reviews and processes the form, you will be moved into the Humana Plan and receive a welcome package. Requests can be made online with TIAA, and WVSU can approve electronically. . 0000037099 00000 n LegiScan is an impartial and nonpartisan legislative tracking and reporting service utilizing GAITS and LegiScan API. For retirees with direct deposit of their pension payments, PERA will release direct deposit benefit payments on the last working day of the month. (304) 558-3570 or (800) 654-4406 (Nationwide) |Af#T V@,~DQ ( endstream endobj 18 0 obj <> endobj 19 0 obj <> endobj 20 0 obj <>/Font<>/ProcSet[/PDF/Text]>> endobj 21 0 obj <> endobj 22 0 obj <> endobj 23 0 obj <> endobj 24 0 obj <> endobj 25 0 obj <>stream Any other dates proclaimed by the President or Governor as official holidays. provided the employees and/or dependents pay the full group premiums. Depending on your employment status and the types of retirement plans you hold, you may be able to defer withdrawing funds from your account beyond age 70. Calendar year taxpayers must file an annual return by April 15th each year for the preceding year. Weekly Datasets. 0000001529 00000 n The purpose of this bill is to a supplemental benefit to annuitants in the Public Employees Retirement System. Holiday/Semi-Monthly Pay Day Calendar 2022 20 - West Virginia Day 4 - Independence Day 5 - Labor Day 30 - Memorial Day . The maximum employer contributions to the 401(a) plan are set by the IRS. (3) Perform the instructional services of any teacher who is authorized by law to be absent from class without loss of pay, providing the absence is approved by the board of education in accordance with the law. Employee contributions to the 401(a) plan are tax deferred for federal and state tax purposes. In order to obtain a retirement packet, I must contact TRS You can elect optical and dental care through, Premium and Benefit Assistance Form (Medicare), Retiree Basic Life and Health Enrollment Form, Retiree Optional and/or Dependent Life Enrollment Form, Retiree Basic Life and Health Enrollment Form. You will need to visit the Social Security Office and sign up for Medicare parts A and B. PEIA will need a copy of your Medicare card when you receive it. the Committee on Government Organization; and then to the Committee on Finance] A BILL to amend the Code of West Virginia, 1931, as amended, by adding there to a new section, designated 5-5-2a; to amend and . 0000002979 00000 n myOASIS HelpDesk Toll Free (855) 666-8823 Mon-Fri (7am to 4:30pm) Excluding State Holidays helpdesk@wvOASIS.gov (a) For school year 2022-2023, and continuing thereafter, each teacher shall receive the amount prescribed in the State Minimum Salary Schedule as set forth in this section, specific additional amounts prescribed in this section or article, and any county supplement in effect in a county pursuant to 18A-4-5a of this code during the contract year. Combined Medical Power of Attorney and Living Will, Critical Need Substitute Teacher Affidavit, Retiree Return to Work with PERS Employer asPermanent Part-Time or Temporary Employee, Retired Public Safety Officer Authorization for Insurance Premium Deduction (PSOA-2023), Retired Public Safety Officer Insurance Carrier (ICA). If you are a Medicare Retiree, your agency participates in PEIA retirement insurance and you want to continue PEIA Health Insurance, you will need visit your Retirement Board and your HR Department. If an employee dies while still an active employee or a retiree, PEIA will treat any dependent, who was covered by the active employee or retiree on medical coverage, as a surviving dependent. I acknowledge and agree that: 1). Box 1000, Up to top (this text gets replaced by JS), Up a level (this text gets replaced by JS), Scholarships and Employment Opportunities, TRIO Student Leadership, Community Service and Engagement, Accreditation and Student Right to Know Information, Management, Management Information System, and International Business, College of Natural Sciences and Mathematics, Master of Education in Instructional Leadership, Summer Academic and Athletic Enrichment Camp, Graduation Application, Requirements, & Policies, Cultural Activities and Educational Assemblies, Agricultural and Environmental Research Station, Experimental Program to Stimulate Competitive Research (EPSCoR), Promoting Excellence in Education through Research (PEER), WVSU Energy and Environmental Science Institute, Higher Learning Commission Accreditation Reaffirmation, Publications, Design, Photography, Printing, Enrollment Management and Student Affairs, Events Management: Catering and Facilities Rentals, Benefits Information Relating to COVID-19, COVID-19 Related ADA Accommodations Requests, Managing Stress and Anxiety During COVID-19, Institutional Research, Assessment and Effectiveness, It Starts at State - Sam Holdren and Stephen Hanson, Get Help -- Complainant/Respondents What to Expect During an Investigation, Get Help -- Survivors/Complainants Confidential Non-Confidential Resources, Get Help -- Survivors/Complainants Immediate Steps, Reporting -- Employee Reporting Responsibilities, Performance Management: Frequently Asked Questions, Full benefits at age 60 with 5 years of service, Full benefits at age 55 with 30 years of service, Full benefits at any age with 35 years of service, Reduced benefits before age 55 with at least 30 but less than 35 years of service, Disability benefits with 10 years of service, Any age with 10 years of service if disabled, 2 days of sick leave = 1 month individual coverage, 3 days of sick leave = 1 month of family coverage, if employee or employees dependents are eligible for Medicare, tobacco use status of employee and any covered dependents, 1. Annual Leave - Use or Lose Calculator. The Department of Education Leave Donation Program has established a leave donation program under which annual leave accrued by an employee may, if voluntarily agreed to by the employee, be transferred to the annual leave account of another designated employee if the other employee requires additional leave because of a medical emergency or prolonged illness. (A) Area of critical need and shortage for substitute teachers means an area of certification and training in which the number of available substitute teachers in the county who hold certification and training in that area and who are not retired is insufficient to meet the projected need for substitute teachers; and. You will need to fill out a Retiree Basic Life and Health Enrollment Form, a Retiree Optional and/or Dependent Life Enrollment Form and a Termination Form or you can contact PEIA customer service at PEIA to pick up a retirement packet or you can contact PEIA customer service at 1-888-680-7342 to request that a retirement packet be mailed to you. The purpose of this bill is to decrease the employment time for municipal police officers and firefighters to be eligible for nonduty disability benefits from 10 years to five years. shows your complete year-to-date information for the calendar year. 08/28/2023. Bear in mind, if you are an actively working employee of WVSU and have PEIA coverage due to your active employment, PEIA will remain your primary coverage for yourself and any dependents you have covered by PEIA. Posted . (G) Prior to employment of a retired teacher as a critical needs substitute teacher beyond the post-retirement employment limitations established by the Consolidated Public Retirement Board, the superintendent of the affected county submits to the state board in a form approved by the Consolidated Public Retirement Board and the state board, an affidavit signed by the superintendent stating the name of the county, the fact that the county has adopted a policy to employ retired teachers as substitutes to address areas of critical need and shortage, the name or names of the person or persons to be employed as a critical needs substitute pursuant to the policy, the critical need and shortage area position filled by each person, the date that the person gave notice to the county board of the persons intent to retire, and the effective date of the persons retirement. 2023 DIRECT DEPOSIT DATES. Under the Special Medicare plan, the member purchases traditional Medicare Parts A and B, and their secondary medical and prescription claims are paid by UMR and Express Scripts, respectively. Below are the Salary Schedules for teachers and support professionals (ESP) for the 2022-23 school year. This information is for educational purposes only and not intended to provide tax or legal advice. of Administration Parking Deduction Authority. This retirement program is similar to a 401(k) plan in structure except . These members in the Special Medicare Plan will be moved to PEIAs Medicare Advantage Plan at the beginning of the next plan year (the following January). Time off (without loss of pay or charge to annual leave) is provided to eligible employees who, in response to a subpoena or direction by other proper authority, are . 0000010264 00000 n They do not include any local salary supplements that your county may have in place. Draw your signature, type it, upload its image, or use your mobile device as a signature pad. In addition, employees are offered the voluntary opportunity to participate in the West Virginia Retirement Plus Program, a supplemental retirement plan designed to provide an extra savings alternative for all State, county, city and other political subdivision employees. Step 6a 23 Final. retirement benefits; 2). If your life insurance lapses after retirement for any reason, for example, for non-payment of premiums, you will not be permitted to reinstate that coverage; you will need to seek life insurance from another source. Medical Advisors log in here. Documents - Kanawha County Schools. Delta Dental of West Virginia Plan #01058. KCS 2022-2023 Weather Procedures. 0000014941 00000 n You can visit customer service at PEIA to pick up a retirement packet or you can contact PEIA customer service at 1-888-680-7342 to requestthat a retirement packet be mailed to you. 0000032650 00000 n This retirement program is similar to a 401(k) plan in structure except that it is designed to supplement a participant's primary retirement plan. Welcome to your Retiree Mountaineer Flexible Benefits Plan. Upon verification of compliance with this section and the eligibility of the critical needs substitute teacher for employment beyond the post-retirement limit, the state board shall submit the affidavit to the Consolidated Public Retirement Board. Medicare Part A is an free entitlement available to most people at the attainment of age 65 or earlier for disability and some specific medical conditions. 0000044818 00000 n The West Virginia Department of Education (WVDE) offers an attractive holiday and leave package to eligible employees. The bill allows leave bank days to be used to add service for any retirement system or to extend insurance coverage. The years of service for PEIA retiree medical insurance generally include the years that an employee has worked in a benefit-eligible status for the state of West Virginia. The answer is if you are receiving health coverage through WVSU as either an actively working employee, or dependent, including the spouse,of an actively working employee you are not required to enroll in Medicare Part B. The Commonwealth of Pennsylvania is one of two states in the US that does tax contributions to a qualified retirement plan, such as the 401(a) plan, as income. Retired members who are enrolled in an HMO when they become Medicare-eligible will be transferred to PEIAs Special Medicare Plan. File and pay taxes online at: It is important to note that this estimate is only as accurate as the information provided.
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